India’s Finance Minister Seen Likely to Urge RBI to Cut Rates

Government Favors Rate Cut to Support Economy

NEW DELHI—India’s Finance Minister Arun Jaitley will likely urge Reserve Bank of India Governor Raghuram Rajan to cut interest rates at the central bank’s monetary policy review next week, to support the economy, a senior finance ministry official said Thursday.

Mr. Rajan is likely to meet Mr. Jaitley on Monday for the customary meeting, held...